111 Montgomery in New York

Name: 111 Montgomery
Brand: CIM Group
SKU: 8291
Availability: InStock

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Project info

Object ID: 8291

Finished at	December 2020
Price, m²	From 11340$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 42.00 m²
Floors	12
Apartments	163
Condition	Turnkey
Construction type	Monolyth
Security	CCTV
Conveniences	Parking Fitness Commercial area Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

476,280$

Net profit

6,783$

Payback period

52.8 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for 111 Montgomery

About the project

From the cultural epicenter of Brooklyn comes a collection of 163 refined homes where the pride of ownership in one of New York’s most storied communities is rooted in a rich heritage of diversity and charm. The building stands at the nexus of two legendary destinations: Prospect Park and the Brooklyn Botanic Garden, where acclaimed institutions meet a new world of discovery.

Developer

Back in 1994, our three founders focused on California neighborhoods such as Third Street Promenade, Old Town Pasadena and Brea. Today, we’r…
Details about CIM Group